MARKET WATCH: NYMEX crude oil prices drop slightly

Light, sweet crude oil prices on the New York market dropped slightly to settle below $33/bbl on Feb. 26 and appeared to be staying relatively flat in early Feb. 29 trading. Analysts suggested investors are waiting on news about a possible oil-production freeze to set price direction. Source: News

Talking about safety

Rapidly shrinking numbers of people performing rapidly diminishing amounts of work should generate fewer total accidents. That’s a rare advantage of a devastating market collapse. Source: News

Ice crystals and laser beams

Four emerging technologies were recently recognized as possible fledgling solutions to reducing water usage in onshore oil and natural gas operations. Source: News

BHI: US rig count nearing lowest level in generations

The US rig count dropped 12 units to 502 during the week ended Feb. 26, according to Baker Hughes Inc. data. While the decline is the smallest thus far this year, it represents the eighth straight weekly double-digit drop to begin 2016. Source: News